Menswear Retailers for sale in Alton

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Retail And Hire Businesses Menswear Retailers

Alton, Hampshire, England

  • Leasehold Price: £10,000
  • Annual Turnover: £150,000
  • Annual Net Profit: £50,000
Seller Reference: PAX0203421468
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Business Description
 
 
 
 
 
 
 
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Seller Reference: PAX0203421468
Request Details
Business Description
Established 60 years supplying customer from around the world and now in a new better High Street position opposite M&S. Retail stock is predominantly from well established suppliers from the UK and Europe who have been supplying us for decades and consider us as an A1 account. The majority of our stock is bought on a stock service basis to avoid large seasonal spending. Companies such as Eterna, Label, Olymp, Gurteen, Brook Taverner, Jockey, Double Two, Ibex, UKD Footwear, Simpson & Ruxton, Franco Ponti, Torre, Christy and Wilvorst Hirewear.

Owner wishes to retire due to poor health and is looking for a quick sale with just one year remaining before a break clause in the 5 year lease. The price includes 10,000 hire items, fixtures and fittings and new sewing equipment. £10,000 plus retail stock at valuation. Rent £20,000 PA.

We also have an eBay shop which can be included if required.

A purchaser ought to get their investment back in a few months and well before the optional break in the lease.
Trading hours:
10:00am to 4:00pm
Number of employees:
0
Tenure:
Leasehold
Support and Training:
Yes, allowing for health and availability due to medical comitments.
Location Details:
Superb High Street location opposite M&S
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